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Business News
Top Business Bulletins
Sure, hard work is one element of a successful business. But it is not all. Most successful businessmen do more than work hard. What do they do? They keep themselves aware about important events in the country that could potentially affect their businesses.
Truly wise businessmen study industry happenings and execute strategies in order to keep their businesses sailing steady through the winds of economic and political changes that are happening everyday around the country. Be like them. Keep yourself updated about the most important events that are happening in the business landscape. Read the most important events in the country from our news reports.
- House Passes Tax Credit for Homebuyers, Obama to Sign $8K Incentives (11/6/2009 10:17:23 AM)
The United States Congress, following calls of President Barack Obama, has passed a bill that would give up to $8, 000 tax credit to first time homebuyers. The move was part of the government stimulus package, which aims to ensure the smooth flow of the economic recovery.
- Fannie Mae Losses $18.9 Billion, Seeks More Aid (11/6/2009 9:10:03 AM)
Fannie Mae, the government-assisted US mortgage firm, on Thursday posted a massive $18.9 billion net loss in the third quarter of the year following massive buying of mortgage-backed securities trust.
- US Banks Borrow More from Federal Reserve Program (11/6/2009 8:03:21 AM)
A new data from the US Federal Reserve showed that banking systems in the country has significantly slashed its use of short-term government program, while at the same time, slightly increased their use of emergency and overnight loans.
- Interest Rate Remained Low for Federal Reserve (11/5/2009 11:25:05 AM)
Low interest rate was recorded as the US central bank unanimously decided to keep the rate at a lower level.
- Microsoft Slashes 800 Jobs in Addition to its Reduction Plan (11/5/2009 9:14:31 AM)
Microsoft, the world’s largest software manufacturer, on Wednesday said that will slash an additional 800 workers as part of its business development plan announce earlier by its chief executive Steve Ballmer.
- GM Bares Plans to Cut 10,000 Workers at Opel (11/5/2009 8:06:27 AM)
General Motors, a US-based automaker, has bared plans to cut some 10, 000 workers at its Opel plant in Germany a day after it has announced the decision to cancel the planned buyout of the unit by Canada's Magna International and Russia's Sberbank.
- US Job Loss Slows Down as Service Sector Improves (11/5/2009 7:20:31 AM)
US job losses has slowed down significantly in October, the second straight month that the number has decreased giving hint that the economy is going back to its healthy state.
- Canadian-Born Executive Turned Down CEO Offer (11/4/2009 11:06:51 AM)
The Canadian-born Robert Kelly who is the current employee of Mellon was offered to be the next CEO of the Bank of America. But then, Kelly turned down the offer.
- Three Million Acres Can Be Farmed Once Again (11/4/2009 8:51:18 AM)
More than three million acres of bare lands in the United States were lifted from the farming ban of the US government, making it usable once again for farming. However, the economic and environmental repercussions of the program expiration may be more devastating to the region rather than its profitability.
- Cellphone Network of Bell Canada Is Going To Be Launched (11/3/2009 10:38:28 AM)
In collaboration with Telus, Bell has built a billion dollar network that will give customers high-speed wireless connectivity.
- New Chief Executive of BofA (11/3/2009 8:43:41 AM)
- North Houston Bank Shuts Down (11/2/2009 10:14:11 AM)
- Cash Hoarding by Two Banks (11/2/2009 8:17:00 AM)
- Banks Make Overdraft Policies Friendlier (11/1/2009 10:16:50 AM)
- U.S. Bancorp Acquired Banking Subsidiaries (11/1/2009 8:22:17 AM)
- Profit from Seven Financial Stocks (10/31/2009 9:08:03 AM)
- Florida Man Accused Home Depot of Religious Discrimination (10/30/2009 10:22:46 AM)
- UN Votes for Lifting of US Embargo on Cuba (10/30/2009 9:15:35 AM)
- U.S. Grants Tougher Iran Sanctions (10/30/2009 9:03:21 AM)
- American Airlines, US Airways Face Economic Turbulence, Cuts 1700 Jobs (10/30/2009 8:11:30 AM)
- Metro Job Market Falls in some 223 Areas (10/30/2009 7:07:29 AM)
- TSX Downs Affects Economic Recovery Strength (10/29/2009 11:40:08 AM)
- Obama Pushes for Jobless Benefits Extension (10/29/2009 11:30:05 AM)
- BofA Wants Customer Trust (10/29/2009 10:46:31 AM)
- Home Prices Increase in Major Cities in August-Report (10/29/2009 9:44:20 AM)
- Luxury Carmaker Fisker to Buy Idled GM Plant for Hybrid Production (10/29/2009 8:41:05 AM)
- Nortel Pensioners Awaits Good News (10/28/2009 8:24:31 AM)
- Verizon Post 30 Percent Drop in Profit Due to Reconstruction Costs (10/27/2009 11:58:26 AM)
- No More “Big Mac” in Iceland (10/27/2009 8:09:34 AM)
- Stonegate Bank Purchases Two Banks (10/26/2009 11:23:08 AM)
- Scotiabank Expects CPI Gain this October (10/26/2009 10:05:08 AM)
- US Companies Eye New Job Offering – Survey (10/26/2009 9:00:18 AM)
- Discussions on TARP Repayment of BofA (10/26/2009 8:43:37 AM)
- Sony Faces Antitrust Probe by US Government over Optical Drives (10/26/2009 7:56:37 AM)
- Police Sets Autopsy for Madoff Associate (10/26/2009 6:26:45 AM)
- Craigslist Scores Legal Victory against Detractors (10/25/2009 10:58:57 AM)
- Microsoft Sales Surge, Caps Off Big Week (10/25/2009 9:35:28 AM)
- Closing Bank of Elmwood (10/25/2009 8:02:07 AM)
- Existing Home Sales in the US Surge by 9.4 Percent (10/25/2009 7:55:12 AM)
- Nokia Files Lawsuit against Apple Over iPhone (10/25/2009 6:30:31 AM)
- US Gov’t Beefs up Effort in Limiting Executive Pay (10/24/2009 12:01:57 PM)
- Wal-Mart Eyes Positive Gains After Cuts, Slower Growth Rate (10/24/2009 9:20:25 AM)
- US Congress Passes Bill Creating Consumer Protection Agency (10/24/2009 8:15:55 AM)
- Canada Is In Need Of a New Business Brand (10/23/2009 8:05:36 AM)
- Why Canadian Exporters Are Focusing To Asia More (10/22/2009 10:48:53 AM)
- eBay Shares Drop, Holiday Outlook Falls (10/22/2009 9:04:03 AM)
- Competition among Restaurant Chains Tightens, Sales Continue to Fall Down (10/22/2009 8:59:18 AM)
- Economic Recovery Begins in Some States, Others Can’t Catch Up (10/22/2009 7:08:43 AM)
- Sun Microsystems Cuts 3,000 Jobs, Awaiting Oracle Takeover (10/21/2009 11:58:14 AM)
- Accusations Have No Merit - Toys "R" Us (10/21/2009 9:26:16 AM)
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